MEMPHIS RIVER PARKS PARTNERSHIP INC (EIN 621811726) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

PAUL CHANDLER

Phone

9013129190

Tax Period

2024-07-01 to 2025-06-30

MEMPHIS RIVER PARKS PARTNERSHIP INC, founded in 2000, is a mid-sized nonprofit in the Community Improvement sector that reported $10.8M in total revenue in fiscal year 2024. Revenue surged 100% from the prior year, signaling strong growth momentum.

Mission

MEMPHIS RIVER PARKS PARTNERSHIP WORKS WITH AND FOR THE PEOPLE OF MEMPHIS TO TRIGGER THE TRANSFORMATIVE POWER OF OUR RIVER. THE PARTNERSHIP MANAGES, MAINTAINS, OPERATES, AND ACTIVATES FIVE CONNECTED RIVERFRONT PARK DISTRICTS OF 250 ACRES OF PARKLAND. BUILDING FROM THE MEMPHIS RIVERFRONT CONCEPT, THE PARTNERSHIP WORKS TO CREATE A CONNECTED, CATALYTIC, AND FUN RIVERFRONT FOR EVERYONE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,032,249

Program Service Revenue $4,714,241

Investment Income $668

Other Revenue $50,232

TOTAL REVENUE $10,797,390

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,679,189

Fundraising Expenses $600,577

Program Expenses $9,567,197

Other Expenses $9,730,585

TOTAL EXPENSES $11,409,774

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,797,390	$5,404,990	+1.0%
Expenses	$11,409,774	$11,056,601	+0.0%
Net Income	$-612,384	$-5,651,611	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

139

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$447,309

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAM CANTOR	CHAIR	1.00	Officer Director	$0	$0	$0
TAMMY LOCASCIO	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ERIC BROWN	TREASURER	1.00	Officer Director	$0	$0	$0
BILLY ORGEL	SECOND ASSISTANT TREASURER	1.00	Officer Director	$0	$0	$0
GABE FRANCESCHI	SECRETARY	1.00	Officer Director	$0	$0	$0
TERESA SLOYAN	ASSISTANT SECRETARY	1.00	Officer Director	$0	$0	$0
GREGORY M DUCKET	CHAIR EMERITUS	1.00	Officer Director	$0	$0	$0
CALVIN ANDERSON	GOV'T RELATIONS	1.00	Officer Director	$0	$0	$0
BRUCE B HOPKINS	DEVELOPMENT CHAIR	1.00	Officer Director	$0	$0	$0
MAXINE MAX WONDRIES	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT CRADDOCK	BOARD MEMBER	1.00	Director	$0	$0	$0
LIZ GILLILAND	BOARD MEMBER	1.00	Director	$0	$0	$0
TOM GRIMES	BOARD MEMBER	1.00	Director	$0	$0	$0
PENELOPE HUSTON	BOARD MEMBER	1.00	Director	$0	$0	$0
KIM JORDAN	BOARD MEMBER	1.00	Director	$0	$0	$0
CATHY LYNCH	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHELLE MCKISSACK	BOARD MEMBER	1.00	Director	$0	$0	$0
BRUCE MCMULLEN	BOARD MEMBER	1.00	Director	$0	$0	$0
JERRI GREEN	BOARD MEMBER	1.00	Director	$0	$0	$0
VAN D TURNER JR	BOARD MEMBER	1.00	Director	$0	$0	$0
MOLLY WEXLER	BOARD MEMBER	1.00	Director	$0	$0	$0
GARY K WUNDERLICH JR	BOARD MEMBER	1.00	Director	$0	$0	$0
JUSTICE BOLDEN	BOARD MEMBER	1.00	Director	$0	$0	$0
JEN ANDREWS	BOARD MEMBER - EX-OFFICIO	1.00	Director	$0	$0	$0
CHANDELL RYAN	BOARD MEMBER - EX-OFFICIO	1.00	Director	$0	$0	$0
PAUL CHANDLER	PRESIDENT	0.00	Officer	$0	$0	$0
CAROL COLETTA	FORMER PRESIDENT	40.00	Officer	$248,917	$19,456	$268,373
ARTHUR DAVIS	CHIEF OPERATING OFFICER	40.00	Officer	$163,061	$15,875	$178,936
MICHAEL NOLAN	DIRECTOR OF SEPCIAL PROJEC	40.00	Highest	$153,981	$9,423	$163,404

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$10,797,390	$11,409,774	$17,284,298	$-612,384
2024	$5,404,990	$11,056,601	$26,657,110	$-5,651,611
2023	$7,696,270	$28,519,514	$25,503,761	$-20,823,244
2022	$18,602,504	$27,984,160	$33,634,301	$-9,381,656
2021	$20,233,137	$10,208,946	$39,591,502	$10,024,191
2020	$32,509,121	$5,939,545	$29,075,021	$26,569,576
2018	$6,624,984	$6,583,057	$2,327,161	$41,927

MEMPHIS RIVER PARKS PARTNERSHIP INC